Determinants of reverse mortgage usage in Malaysia
This study aims to identify the factors that influence a household’s willingness to use reverse mortgage as a source of supplementary income in old age by adopting the original Theory of Planned Behavior (TPB) and extending it with three other additional constructs. Using a convenience sampling tech...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2018
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| Online Access: | http://eprints.uthm.edu.my/5910/1/AJ%202018%20%28648%29.pdf |
| _version_ | 1796869277179969536 |
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| author | Mohammed, Mohammed Ishaq Sulaiman, Noralfishah |
| author_facet | Mohammed, Mohammed Ishaq Sulaiman, Noralfishah |
| author_sort | Mohammed, Mohammed Ishaq |
| collection | UTHM |
| description | This study aims to identify the factors that influence a household’s willingness to use reverse mortgage as a source of supplementary income in old age by adopting the original Theory of Planned Behavior (TPB) and extending it with three other additional constructs. Using a convenience sampling technique, a total of 391 valid questionnaires were used for data analysis. The data analysis was conducted using the SmartPLS software, version 3.2.6. The results suggest that the sense of attachment to a place, attitude, motive of bequest, social influence and perceived ability positively influence a household’s willingness to use reverse mortgage, while financial behavior was found to negatively influence the willingness to do so. The findings of this study extend the application of the TPB to the domain of reverse mortgage product |
| first_indexed | 2024-03-05T21:52:28Z |
| format | Article |
| id | uthm.eprints-5910 |
| institution | Universiti Tun Hussein Onn Malaysia |
| language | English |
| last_indexed | 2024-03-05T21:52:28Z |
| publishDate | 2018 |
| publisher | Sciendo |
| record_format | dspace |
| spelling | uthm.eprints-59102022-01-24T08:40:15Z http://eprints.uthm.edu.my/5910/ Determinants of reverse mortgage usage in Malaysia Mohammed, Mohammed Ishaq Sulaiman, Noralfishah HG Finance This study aims to identify the factors that influence a household’s willingness to use reverse mortgage as a source of supplementary income in old age by adopting the original Theory of Planned Behavior (TPB) and extending it with three other additional constructs. Using a convenience sampling technique, a total of 391 valid questionnaires were used for data analysis. The data analysis was conducted using the SmartPLS software, version 3.2.6. The results suggest that the sense of attachment to a place, attitude, motive of bequest, social influence and perceived ability positively influence a household’s willingness to use reverse mortgage, while financial behavior was found to negatively influence the willingness to do so. The findings of this study extend the application of the TPB to the domain of reverse mortgage product Sciendo 2018 Article PeerReviewed text en http://eprints.uthm.edu.my/5910/1/AJ%202018%20%28648%29.pdf Mohammed, Mohammed Ishaq and Sulaiman, Noralfishah (2018) Determinants of reverse mortgage usage in Malaysia. Real Estate Management and Valuation, 26 (3). pp. 1-23. ISSN 2300-5289 https://doi.org/10.2478/remav-2018-0021 |
| spellingShingle | HG Finance Mohammed, Mohammed Ishaq Sulaiman, Noralfishah Determinants of reverse mortgage usage in Malaysia |
| title | Determinants of reverse mortgage usage in Malaysia |
| title_full | Determinants of reverse mortgage usage in Malaysia |
| title_fullStr | Determinants of reverse mortgage usage in Malaysia |
| title_full_unstemmed | Determinants of reverse mortgage usage in Malaysia |
| title_short | Determinants of reverse mortgage usage in Malaysia |
| title_sort | determinants of reverse mortgage usage in malaysia |
| topic | HG Finance |
| url | http://eprints.uthm.edu.my/5910/1/AJ%202018%20%28648%29.pdf |
| work_keys_str_mv | AT mohammedmohammedishaq determinantsofreversemortgageusageinmalaysia AT sulaimannoralfishah determinantsofreversemortgageusageinmalaysia |